Singapore legislation

Clause 2

of Trade Development Board (Amendment) Bill

Clause 2

Amendment of section 5

Section 5 of the Trade Development Board Act is amended —

(a)

by deleting the word “and” at the end of paragraph (d); and

(b)

by deleting the full-stop at the end of paragraph (e) and substituting the word “; and”, and by inserting immediately thereafter the following paragraphs:“(f)to promote, facilitate and regulate forward and futures trading in rubber and such other commodities as the Board may think fit; and

(g)

to exercise the functions, powers and duties conferred upon the Board under any written law.”.